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<br />NEBRASKA DEED OF TRUST
<br />(With Power or Sale)
<br />89.1 00834
<br />Amount of First i'rtatalment i- �0 Amount of Other Instalments $--A33-.01L
<br />Total of Payments ff Q 15 fiL110 Fiat Instalment Due Date March i7 „ 1932
<br />Number of Monthly Instalments �_ Final Instalment Due bate Fah- .7 „ 199.
<br />THIS DEED OF TRUSS. made this _PA day of Fghruary
<br />betvaen. Wvirl I- Findlpy and lanno R_ Findiaay, husband and wife
<br />whose mailing address is 422 N E amh rt Grand l t l and NA- 6AA01
<br />as Trnatora, - .Inho rt! innin ham att7 :
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<br />whose mailing address is 72.9 N Cedar_ Grand iel and, Na- 6ARQ1
<br />as Trustee. and Nonrest Financial Nebraska, Inc., whose mailing address is 2 -11 Nerth Webb Rif
<br />Grati<L IS l aOi,_Nt'- e$Sil3 , a-. Sen&ciary,
<br />WMaSSSM, Tnrators hereby irrevocably, grant, bargain, sell, and convey to Trustee in trust, with power of ssle ft .fallowing de-
<br />scribed property in Hall County, Nebraska:
<br />Lot One (1), and Fractional Lot Two (2), in Fractional Block o lirty -Six (36),
<br />In,John W. Lambert's Addition to the City of Grand Island, Hall County, Nebraska
<br />Together with tenements. hereditameints, and appurtenances thereunto belonging or in anywise appertoiining and the rents, issues and
<br />profits thereof.
<br />This conveyance is intended for the purpose of securing the payment to Beneficiary of Trustors' promissory note of even date in the
<br />amount stated above as 'Total of Payments ". Said "Total of Payments" is repayable in the number of monthly instabtnants stated above.
<br />The amount of the instalment payments due on said loan is stated above. The first and final instalment due dates on said loan are stated
<br />above. Payment may be made in advance in any amount at any time. Default in making any payment shall, at the Beneficiary's option
<br />and without notice or demand, render the entire unpaid balance of said loan at onoa due and payable, less any required rebate of charges.
<br />To protect the security of this Deed of Trust, Tru w eri anants and agrees.
<br />1. To tap the property in good condition and repeir, to-permit. no waste thereof; to complete any building, structure or improvement
<br />being built or about to be built thereon; to restore promptly any, building, structure or imprvsement thereon which may be damaged or
<br />destroyed; and to comply with all laws, ordinances, regxlations, oovesanta, amditions and redr.f.cions affecting the property.
<br />2. To pay before delinquent all lawful taxes and a xr.-Z- ments tip on the pm7x:rty; to keep lhty proper ? Criss and clear of all other charges,
<br />lions or encumbrances iTr pelring the security of this fle al of Tract.
<br />3. To keep all btiildirk'p. now or btmafter erected on the property described herein contintmusly insured against loss by fire or other
<br />hazards in an amount ns seas tram the total debt secured by thix, Deed of Trust. All policies shall be held by the Beneficiary, and be
<br />in such companies as the Benefiaisii�,l may approve and have loses payable first to the Beneficiary as its interest may appear and then
<br />to the Tmstor. The amount collected under any insurance policy may be ap;liea upon any indebtedness hereby secured in such order.as
<br />the Beneficiary shall ee vxmmine. Such application by the Beneficiary shall n•st cane discontinuance of any proceedings to foreclose Wife
<br />Deed of Trust or cure o'r waive any default or notice of default or invalidate any art done pursuant to such notice. In the event of fowJcsTm.
<br />all rights of the Trustor in insurance policies then in force shall pass to the purchaser at the foreclosure sale.
<br />4. To t- bt,4in the written consent oC13F-teficiary beforq selling, conveying or otherwise transferring the property or any part thereof and
<br />any such es.6, cue' mi -- u--tce or transfer without the Benef jciaryir wrytirtn consent shall constitute a default under the terns hereof.
<br />b. To defend any sidi at, or proceeding purporting to a0ect the security hereof or the rights or powers of I3em f ^ciary or Trustee.
<br />6. Should Trustor tail to pay when due any taxes. assessments, insurance premiums, liens, encumLri,!r. -es or other charges against the
<br />property herreinabove de.'scribed, Beneficiary may pay the same. and the amount so paid, with interest - the rate set forth in the note
<br />secured hereby, shalt be added to anti lx4"mo a part of the debt secured in this Deed of Trust as )terr - -nec by law.
<br />IT IS MUTUALLY AGRU-D VAT:
<br />1. in the event any paetimi of the property is taken or damaged in an eutinomt domain proceeding„ tlin entire amount of the award
<br />or such portion thereof im may bq necessary to fully satisfy the obligation secured hereby, shall be paid, to Beneficiary to be applied to
<br />said obligation.
<br />2. By accepting payment of any sum secured hereby after its due date, Beneficiary does not waive its right to require prompt payment
<br />when due of all other sums so secured or to declare default for failure to so pay.
<br />3. The Trustee shall remnvey all or any part of the property covered by this Deed of Trust to the person entitled thereto, on written
<br />request of the Truster and the Beneficiary, or upon satisfaction of the obligation secured and written request for reconveyance made by
<br />the Benef cisry or the person entitled thereto.
<br />991 G64 (NE)
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